317 Magnolia Ave La Feria, TX 78559
This exceptional 1.456-acre commercial land parcel, encompassing a former church building at 317 W Magnolia Avenue in La Feria, presents a unique investment prospect. The property boasts a substantial 16,097 square feet of interior space, offering significant flexibility for diverse commercial ventures. Its single-tenant configuration simplifies occupancy and management. The lot's size provides ample room for expansion or additional development, catering to a range of business needs. The convenient location on West Magnolia Avenue ensures high visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in La Feria. The property's APN is 2900000140001000/2900000140002000. While parking spaces are not currently available on-site, the ample lot size allows for potential future development to accommodate parking needs. This property is ideal for entrepreneurs and businesses seeking a versatile space with significant potential for growth and customization. The existing structure, previously used as a church, provides a solid foundation for adaptive reuse, offering a unique character and history. This is a rare opportunity to acquire a substantial commercial property in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.